Changes to the Scottish Widows
Group of companies

 

Important update

  • The Scheme of transfer, which was approved by the High Court on 26 November 2015, took effect from 31 December 2015
  • The period for raising objections closed on 26 November 2015. The High Court took into consideration the views of our policyholders and regulators before approving the Scheme
  • Clerical Medical Investment Group Limited changed its name to Scottish Widows Limited on 31 December.
 
 

The Scheme of transfer simplified our business by transferring all the policies of certain Scottish Widows Group companies* into Clerical Medical Investment Group Limited, which was renamed Scottish Widows Limited.

We believe these changes will make our business more efficient, will simplify our corporate structure and regulatory reporting requirements and will help us make better use of our resources, including capital.

Although the Scheme is now in effect and the period for raising objections closed, you and your clients can read details of the original proposals here:


- An overview – this is the best place to start if you want to know what’s involved
- a more detailed set of Question & Answers (Q&A)
- a library of legal and reference documents
- details of how to contact us if you have a question.


*The companies whose policies transferred are: Scottish Widows plc, Pensions Management (SWF) Limited, Scottish Widows Annuities Limited, Scottish Widows Unit Funds Limited, Halifax Life Limited, Clerical Medical Managed Funds Limited, and St Andrew's Life Assurance plc.

 

Are policies affected?

Between July and September 2015, we wrote to all customers whose policies are affected (and where we hold up to date address details). You can also find information about the changes on this site.

 

Any questions?

The dedicated support team for transfer is now closed.

However, if you or your clients have a question about the changes or a general query about a policy, please get in touch using the usual contact number shown on the policy documentation.

Copyright ©2017 Scottish Widows | Copyright, companies, legal and privacy information |  Accessibility | Site map

Important Information about Scottish Widows | Read about how we use cookies

Information within this site is intended for UK authorised and regulated financial advisers only. It is not intended for onward transmission to retail customers and should not be relied upon by any other person. If you are not an adviser please return to our consumer site.

Scottish Widows is not responsible for the content of third party websites. Separate terms apply to the use of third party websites and Scottish Widows does not warrant the accuracy, reliability, availability or otherwise of these sites.

By using this site you agree to our terms & conditions of use. Please read our copyright, companies, legal and privacy information. We may record and monitor calls to help us improve our service.

Scottish Widows Limited. Registered in England and Wales No. 3196171. Registered office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 181655.

Scottish Widows Unit Trust Managers Limited. Registered in England and Wales No. 1629925. Registered Office in the United Kingdom at Charlton Place, Andover, Hampshire SP10 1RE. Tel: 0345 300 2244. Authorised and regulated by the Financial Conduct Authority. Financial Services Register number 122129.

HBOS Investment Fund Managers Limited, registered in England number 941082. Registered office in the United Kingdom at Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority. Financial Services Register number 119223.

Scottish Widows Bank is a trading name of Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.

Browser Warning: your browser may not be fully supported on this site. Visit our browser help page for a list of supported browsers.
close